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  Coronavirus Update

We are offering a SBA Paycheck Protection Program to support our business customers. Read More

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. Among other forms of economic aid, the CARES Act provides businesses affected by COVID-19 with special assistance programs. One such Small Business Administration (SBA) program is the Paycheck Protection Program, which assists businesses with job retention and specific expenses. Spencer Savings Bank is proud to partner with FOUNTAINHEAD Commercial Capital / Small Business Finance, a top national SBA lender, to offer the Paycheck Protection Program for businesses in need. Click on the link below to fill out our short internal application form. After completing the form you will be directed to Fountainhead’s website with more information. Internal Application

When completing the application, on the Fountainhead website, please indicate Spencer Savings Bank as the FastTrack Partner, and PaycheckProtectionProgram@SpencerSavings.com as the Referral Partner’s email address.

Commercial Checking

For businesses that keep high balances and have a lot of activity, we offer our commercial checking account. Save more money by offsetting fees with an earnings credit on the average daily investable balance and apply that credit against any monthly service charges. This account is the perfect checking solution for your business banking needs, including our signature level of superior service and convenience.

Commercial Checking features:

  • Earnings Credit on Average Daily Investable Balance
  • Earnings Credit Used to Offset Monthly Service Charges
  • $100 Minimum Opening Deposit
  • Free VISA® Business Check Card
  • Night Drop Box Access

Open Your Account Today

Visit your local Financial Center, or call us at 1-800-363-8115 today!